SME shares continue to perform well
Shares in the SME sector are continuing to hold their own and outperform larger rivals, according to a quarterly report released this week.
Shares in the SME sector are continuing to hold their own and outperform larger rivals, according to a quarterly report released this week.
The sector has enjoyed better share price results than the mid and large sectors throughout the year, according to the Smaller Companies Briefing report released by analysts Teather & Greenwood.
According to the stocbrokers, the FTSE Small Cap Index (ex investment trusts) has risen by 22% in the last year as has the FTSE Small Cap – while the FT 100 has fallen by 7.5%.
This has partially come about as a result of suitable economic conditions for SMEs – namely the interest rate remaining at 6% for eight months running.
The report said: ‘Smaller companies have been the driving force of the new economy. Their ability to adapt better to fast-changing business environments has made them more attractive than their larger counterparts.
It adds: ‘The most successful technology companies are an example of this.’
The numbers you crunch tell a story. Your expertis...
24yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article